How Big is the Semiconductor Equipment Market | Industry Trends & Analysis 2025

Code: MTA8879 Publication Date: Sep 2025

How Big is the Semiconductor Equipment Market?

According to 6Wresearch internal database and industry insights, the Global Semiconductor Equipment Market was valued at USD 134.8 Billion in 2024 and is expected to reach USD 198.2 Billion by 2031, growing at a compound annual growth rate of 6.14% during the forecast period (2025-2031).

There are numbers of factors which are contributing in the expansion of market include rising demand for advanced consumer electronics, increasing investment in chip manufacturing, and growing adoption of AI, IoT, and 5G technologies.

Key Growth Drivers of the Semiconductor Equipment Market

  • Rising production of consumer electronics and smart devices
  • Increasing investments in semiconductor fabrication facilities
  • Growing demand for chips in automotive and industrial applications
  • Technological advancements in lithography and wafer processing
  • Rising adoption of 5G, IoT, and artificial intelligence technologies

Semiconductor Equipment Market Trends

Semiconductor Equipment Market is witnessing major growth with notable trends such as rising demand for advanced lithography tools, including EUV technology, to enable smaller and more efficient chips. Automation and AI-driven process control are increasingly being integrated with semiconductor equipment. Furthermore, the market is moving toward manufacturing solutions that are more economical and energy-efficient. The need for semiconductor equipment is increasing as a result of the growth of electric vehicles and automotive electronics. Equipment sales are also increasing as a result of the trend of outsourcing chip manufacturing to foundries.

Emerging Developments in the Semiconductor Equipment Market

Semiconductor Equipment Market is accelerating with the advancement of extreme ultraviolet lithography, 3D packaging, and advanced wafer fabrication technologies. Market opportunities are being improved by rising R&D expenditures in miniaturization and energy-efficient chip manufacturing. Innovation pipelines are also being strengthened by partnerships between equipment suppliers and semiconductor manufacturers. The market is expanding as a result of the expansion of fabrication facilities in Asia. Furthermore, the need for specialized semiconductor equipment is being driven by the development of next-generation memory technologies and quantum computing.

List of Leading Companies in the Semiconductor Equipment Market

Some of the leading companies include:

  • Applied Materials Inc.
  • ASML Holding NV
  • Lam Research Corporation
  • Tokyo Electron Limited
  • KLA Corporation
  • Teradyne Inc.
  • Advantest Corporation
  • SCREEN Semiconductor Solutions Co., Ltd.
  • Hitachi High-Tech Corporation
  • Nikon Corporation

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